Phosphate Mining workers comp rate in Arkansas
The filed workers comp rate for class code 1654 (Phosphate Mining) in Arkansas is $2.39 per $100 of payroll , effective 2024-07-01. On $500,000 of payroll, that's roughly $11,950 in base premium.
Rate per $100 $2.39
Rate type manual_rate
Authority National Council on Compensation
Effective 2024-07-01
vs peers 72%
Confidence HIGH
Source quote
"CLASS CODE 1654 2.39"
From National Council on Compensation, effective 2024-07-01.
FAQ
What is the workers comp rate for code 1654 in Arkansas?
The filed workers comp loss cost / rate for NCCI class code 1654 (Phosphate Mining) in Arkansas is $2.39 per $100 of payroll, effective 2024-07-01.
How much would I pay in Arkansas for code 1654 on $500,000 of payroll?
At $2.39 per $100, $500,000 of payroll yields a base premium of $11,950 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 1654?
UT has the cheapest filed rate for code 1654 ($0.740) and HI the highest ($5.14). Arkansas sits at the 72th percentile across 18 peer states.